About Accrualify
Accrualify is a Travel & Hospitality company based in San Mateo (United States) founded in 2015, and was acquired by FLEETCOR in August 2022. SaaS expense management is facilitated through a centralized platform. It operates in the Travel & Hospitality and Technology sectors. Accrualify has raised $3.8 million across 2 funding rounds from investors including Aligned Partners Venture Services, SWAN Venture Fund and FLEETCOR. The company has 63 employees. Its Indian entity Corpay Technologies India Private Limited reported revenue of ₹11.84 Cr. Accrualify offers products and services including AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its competitors include Brex, Ramp and Navan; 3 of its 3 listed competitors have raised funding.
Company details
Accrualify provides a centralized platform for managing your month and quarter end accrued payments on services received in that period. This is helpful if an enterprise has multiple SaaS vendors. Vendors can be tied to a PO (purchase order) and the company can receive electronic invoices. The platform provides clear spend management and analytics on accounts payables. Payments module allows to make directly via ACH transfer or credit cards. Pricing is based on number of users per month starting at 1000month for managing up to 1000 vendors. It also provides PO management as a sepaarte module for 8month.
- Headquarters San Mateo, United States
- Employees 63
- Stage Acquired
- SectorsTravel & HospitalityTechnology
- Email••••••••
- Website accrualify.com
- Social LinkedIn X Facebook
- Acquired by FLEETCOR (Aug 2022)
- Legal Name Corpay Technologies India Private Limited
- Date of Incorporation 22 May, 2018
- Jurisdiction Nagpur, Maharashtra, India
- Indian entity revenue₹11.84 Cr
FY 2025 · +59% YoY
- Indian entity net profit₹1.35 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹2.03 Cr
FY 2025 · 17% margin
- Total Equity Funding$3.8M (USD)
in 2 rounds
- Latest Funding Round$3.2M (USD), Series A
Sep 2018
- InvestorsAligned Partners Venture Services
& 2 more
- Employee Count63
- Acquired byFLEETCOR
(Aug 2022)
Associated legal entities of Accrualify
Accrualify operates through Corpay Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Corpay Technologies India Private Limited CIN U74999MH2018FTC309733 | Active | 22 May 2018 | Nagpur, Maharashtra | ₹11.8 Cr | 63 | 2 | View details |
Products & Services of Accrualify
Accrualify offers a comprehensive portfolio of products and services, including AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards.
Automates accounts payable to reduce errors and streamline approvals.
Facilitates secure vendor payments and approvals in one platform.
Processes invoices efficiently to cut time and boost accuracy.
Streamlines PO requests and approvals without bottlenecks.
Enables secure virtual card payments for rebates and fraud protection.
Funding Insights of Accrualify
Accrualify has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.8M
- Total Rounds 2
- Last Round Series A — $3.2M
- First Round $600,000
(May 2017)
- Investors Count 2
All 2 funding rounds of Accrualify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $3.2M | Series A | – | Aligned Partners Venture Services | – |
| May 2017 | $600,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Accrualify
Accrualify has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Aligned Partners Venture Services, SWAN Venture Fund and FLEETCOR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage US tech investments are made by Aligned Partners. | alignedvc.com | Menlo Park, United States | ||
A seed stage venture fund based in Seattle is operated. | swanventurefund.com | Seattle, United States | ||
| fleetcor.com |
Investor details for Accrualify
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Board of directors of Corpay Technologies India Private Limited (Accrualify)
Corpay Technologies India Private Limited is the primary company behind Accrualify. The board of Corpay Technologies India Private Limited currently have 2 directors; the longest-serving is Pankaj Kishanchand Gyanani, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Kishanchand Gyanani DIN 08139718 | Director | 22 May 2018 | 8 yrs 5 mo | Corpay Technologies India Private Limited |
| Narsi Reddy Nallamilli DIN 08141178 | Director | 24 May 2018 | 8 yrs 4 mo | Corpay Technologies India Private Limited |
People of Accrualify
7 people are tracked at Accrualify (1 in leadership, 6 in team); the tracked headcount is 63.
| Name | Role | Group |
|---|---|---|
Vinh Pham | VP, Engineering | Leadership |
Joseph Ou | Software Engineer | Team |
Patty PT | Account Executive | Team |
Quang Pham | Software Engineer | Team |
Henry Huang | Software Engineer | Team |
Ruchika Vatsa | Human Resources Manager | Team |
Aiza Chynalieva | Business Development Representative | Team |
Complete people profiles for Accrualify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Accrualify
Figures of Corpay Technologies India Private Limited, the primary company behind Accrualify, for FY 2025. Revenue was ₹11.84 Cr (+59% year on year). Net profit was ₹1.35 Cr (11% margin). EBITDA was ₹2.03 Cr (17% margin). Revenue has grown at a compounded annual rate of +79% over three years and +53% over five years.
- ₹11.84 CrRevenue · FY 2025 · +59% YoY
- ₹1.35 CrNet profit · 11% margin
- ₹2.03 CrEBITDA · 17% margin
- ₹7.8 LakhPaid-up capital
- 63Employees (provident fund records)
- +79%Revenue CAGR, 3 years
- +53%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Corpay Technologies India Private Limited are on its company page.
Detailed financial statements for Accrualify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Accrualify
4 dated milestones of Accrualify across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Accrualify is founded.
- Funding First funding round of $600K.
- Funding Latest funding round, Series A, of $3.2M.
- Exit Acquired by FLEETCOR.
Competitors of Accrualify
Accrualify has 3 listed competitors in our database, 3 of them funded. They include Brex, Ramp and Navan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brex.com | 2017 | Draper, United States | $1.2B | SaaS-driven credit card and spend management solutions platform for businesses | ||
| ramp.com | 2019 | New York, United States | $5.07B | Spend management and accounts payable solutions are delivered to businesses. | ||
| navan.com | 2015 | Palo Alto, United States | $1.58B | 847 | Corporate travel and expense management are facilitated through SaaS platform. |
Detailed competitors of Accrualify
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Accrualify
The website of Accrualify (accrualify.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 125.9% vs previous month
Websites whose visitors overlap most with Accrualify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in Online Travel
3 companies that operate in the same segment as Accrualify (Online Travel) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 | ||
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | 5,191 |
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Related news about Accrualify
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Frequently Asked Questions about Accrualify
Accrualify was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Accrualify is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Accrualify is a funded company, having raised a total of $3.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on May 2017.
Accrualify has 63 employees.
The primary company behind Accrualify, Corpay Technologies India Private Limited, reported revenue of ₹11.84 Cr for FY 2025, up 59% year on year.
Accrualify provides a centralized platform for managing your month and quarter end accrued payments on services received in that period. This is helpful if an enterprise has multiple SaaS vendors. Vendors can be tied to a PO (purchase order) and the company can receive electronic invoices. The platform provides clear spend management and analytics on accounts payables. Payments module allows to make directly via ACH transfer or credit cards. Pricing is based on number of users per month starting at 1000month for managing up to 1000 vendors. It also provides PO management as a sepaarte module for 8month.
Accrualify offers AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards.
Accrualify has 3 investors. Key investors include Aligned Partners Venture Services, SWAN Venture Fund, and FLEETCOR.
Accrualify operates through Corpay Technologies India Private Limited.
Yes. Accrualify was acquired by FLEETCOR in August 2022.
The legal entities of Accrualify currently have 2 directors, including Narsi Reddy Nallamilli, Pankaj Kishanchand Gyanani.